A Critique of Universal Basic Income as a Solution to Automation

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——————————UBI and $15/hr min are (currently) mutually exclusive concepts – $15/hr turns the system on its head. UBI blows it up.In practice, Yang’s proposal is a $13.02/hr minimum, and aims to eschew the "working" class and support automation.He clearly cares more about the person than the work they do. UBI is not a capitalist concept.——————————— My Response ———————————I wouldn’t say it blows the system up.I believe that there really will be a wave of automation which may potentially lead to mass layoffs and unemployment will probably skyrocket. That’s what I think might happen.Why? Because capitalists don’t give […]

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